Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.Read More
United Spirits’ MD Praveen Someshwar said strong Q2 sales were driven by urban demand and premium brands, but warned of a challenging second half due to regulatory disruptions in Maharashtra and Andhra Pradesh, despite efforts to optimize its value chain.Read More
Mortgage firm Aptus Value Housing Finance India on Friday reported a 24 per cent rise in net profit to Rs 227 crore for the second quarter ended September, supported by business growth.Read More
The S&P 500 and the Nasdaq opened higher on Friday after upbeat forecasts from Apple and Amazon helped calm nerves, a day after the indexes suffered their sharpest drop in more than three weeks.Read More
State-owned Bank of Baroda (BoB) on Friday reported an 8 per cent fall in net profit to Rs 4,809 crore for the second quarter ended September as interest income moderates.Read More
Patanjali Foods Ltd, which is mainly into edible oils, on Friday reported a 67 per cent increase in its consolidated net profit to Rs 516.69 crore for the second quarter of this financial year.Read More
Benchmark indices ended lower for the second session as profit booking and weak global cues weighed on sentiment. Navin Fluorine, BEL and PSU banks gained, while Vedanta and Bandhan Bank slipped.Read More
Shriram Finance Ltd, the flagship company of diversified conglomerate Shriram Group, on Friday reported a 7 per cent increase in consolidated net profit at Rs 2,314 crore in the second quarter of the current fiscal year.Read More
Indian government bonds rose by close of trade on Friday as the central bank sold lesser debt than scheduled at a weekly auction, providing some relief in a bearish market.Read More
Euro zone government bond yields were on track for a second straight weekly rise following a hawkish signal from the Federal Reserve and an uneventful European Central Bank meeting.Read More
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